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20121027
20121104
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Search Results 0 to 49 of about 58 (some duplicates have been removed)
on track, get things going again for starters and i'm worried about the budgets, the deficits. all my kids are in their 30s and we need the bubbling economy to move them along. >> a lot of people are hurting right now. but the president's ideology is what we need. >> i would say that the stimulus package was a really big success and i thought that, you know, i want government to play a role in our lives and i have a feeling that romney doesn't think that it should. >> let's met bring in jonathan althar. welcome to my home state. let's talk about the economy and we put it in the context of the latest poll. jonathan, is this an economy election in ohio? >> it always is. this is the heartland of america and even when the economy isn't as big as it is this year, in ohio in particular, it's about those working class voters and whether they think that one candidate or the other is providing them with a better future. and this has been a very stable race in ohio. largely because of the senator who is taking the podium soon, sherrod brown. this is one of the hidden stories of ohio. we've heard a l
get credible deficit reduction out there. what's important is the housing market could be a big upset surprise. housing market coming back and state and local government still deteriorating, but if they just plateau out and are no longer a drag, the do i nynamics of thatd mean more growth. still 2013 the diceyest part of the equation right now. >>> the romney campaign issued a press release saying it's a sad reminder that our economy is at a virtual standstichlt polar opposite view of austan goolsbee. >>> not everyone is feeling the recovery. i'll tell you who got left behind right after the break. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic
. and we face this deficit -- could crush the future generations. and republicans and democrats both love america but we need to have leadership -- leadership in washington that will actually bring people together and get the job done and could not care less if it's a republican or a democrat. i've done it before, i'll do it again. i'm mitt romney, and i approve this message. >>> welcome back. you know the storm blew through the capital of maryland yesterday afternoon as well. several stores in annapolis taped up their windows. you see the sandbags piled up there but the harbor did not flood. the surge of the water was actually pushed away from annapolis which tucker said would happen. even when high tide hit around 6:00, the docks were still not under water. they prepared. >> it is called a blowout. the winds pushed the water away. now, we're concerned today because the winds have shifted out of the south and we'll have a a couple of high tides today and the moon was full yesterday and with a good southerly breeze today, we could have flooding issues in annapolis, oldtown alexandria. the
paid for that window. so that's commerce. >> it is. you spoke about deficit spending a moment ago. look one of the problems we have in this country right now, one of the reasons why we can't get economic growth going more than about 2% is because of the deficit that we're running. deficits have a negative impact on the economy. so long term that isn't a good measure is. again if it was a good idea to go around and basically destroying property to create economic growth why don't we blow up a few cities and we can have a lot of economic growth? the real issue is is that we need productive commerce over time. not replacement commerce but long-term. we're talking about --. melissa: like how, lance. how can we do that? >> we need productive commerce. in the short term we'll get half a percent bump to gdp. long term it's a different issue. melissa: jeff, what do you think is the short or long term way we get the economy rolling again if it is not a big storm like sandy? >> really where does prosperity come from? not from deinstructing things and building them back up. it comes from getting t
; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america forward. i'm barack obama and i approve this message. ♪ [ male announcer ] introducing the all-new completely re-imagined 2013 chevrolet malibu. sleek new styling... sophisticated dual cockpit design, and sport sculpted seats. available chevrolet mylink infotainment system. the all-new 2013 chevrolet malibu. ♪ refined comfort to get you in a malibu state of mind no matter what state you live in. ♪ at meineke i have options... like oil changes starting at $19.95. my money. my choice. my meineke. >>> you may know someone impacted by this week's monster storm, a family member or neighbors. the impact on the g
-partisan president but he's been the most partisan, dividing and demonizing. he said he would cut the deficit in half. he's doubled it. he said he would focus on jobs, instead he focused on obama care that kills job and said he'd bring health insurance down $2,500 a year, the cost of it for an average family. anybody here have their insurance go down 2,500? >> no. >> as a matter of fact, the average is up $3,000 per family. look, the president said that he would work across the aisle, he would meet regularly with leaders in the republican party. do you know how long it's been since he's met with the republican leader of the house or the senate on jobs or the economy or the deficit, since july he hasn't met with him. look, he just has not been able to deliver on the promises he's made. talk is cheap. a record is real and takes hard work, and he has not been able to accomplish it, and i actually have a record of accomplishment and that's why i'm running. as you know, i started a business. i actually helped turn around another business and helped turn around the olympics and you may have heard i was gov
doesn't think he has plans for the deficit. >> i don't think either side has plans for it. it becomes the lesser of two evils. >> reporter: kevin says he can't plan a 2013 budget and certainly can't hire. >> our customers are just slow. they're just not ordering. >> reporter: he says like him, they're frozen, waiting to see who wins the election and whether we fall off the fiscal cliff. >> i need some reassurance that we're going to take care of our debt problem. that we're going to help small business. >> reporter: he says he will vote for romney, but acknowledges that is little the next president can do without congress and it pains him. >> so this is my dream. i mean, i have everything invested in this company. and so my name is on the line with the banks. and so i got to make it happen. my people are counting on me. >> reporter: the economic numbers in iowa tell a good story for the president. but plenty of people worry about the bigger picture, and neither campaign can take this state's six critical electoral votes for granted. >> poppy harlow in des moines right now, poppy, ther
, and president bush cut taxes and we went from having a surplus to having a deficit. so i think there's -- i mean if you look at the tax policy center they basically said it's very hard to see evidence of exactly how raising taxes figures into all of this. >> several things. i was talking about president bush 41 in 1990 when they raised taxes, and it was supposed to help us reduce the deficit, in fact, congress just spent all the money that came in. when poll significances raise taxes, whether it's in california, we've seen the devastation there. illinois, we've seen the damage to that economy, maryland. when politicians raise taxes instead of cutting spending, you have lousy economic growth. those states, and you can compare either the reagan recovery, lower taxes, spending restraints, less regulation versus the very weak obama economy, wore where he did all the opposite things of reagan and got everything that an economist would tell you gets bad in an economy. let's compare state by state. california versus texas. illinois versus florida. you cut taxes you get more growth. you raise taxes you
hear a lot of swing voters talking about the deficit and the debt. concerned about the economy, the jobs. but that's not abstract. they understand that on a fundamental level and that's a key pitch the republicans have been making. that issue does resonate with people at their kitchen table. >> all right. great conversation. thank you, guys. >> i got one question. one question for you, don. one question. >> yes. >> we're both in ohio. it is all cold. how come you look like you're on gq and i look like the michelin man. >> you should be asking yourself that question, ali velshi. >> thank you, ali. thank you john avalon. appreciate it. now to some serious news here. a new storm is threatening to make recovery efforts worse in the northeast. our meteorologist chad myers is here to tell us how bad it could be. chad, we're hearing of freezing temperatures, what is going on here? >> freezing temperatures are really the problem. and then there is another storm, a coastal low. sometimes you can call them nor'easters, but this one doesn't qualify as a nor'easter just yet. we have a big
. what he is doing on day one is adding to the deficit. >> could be but let's go back to 1980 and ronald reagan. changed tax policy, a similar situation to now. i don't know many people who trust washington to have any more money to spend. >> i think reagan is a great example. he did cut taxes and we had exploiting deficits in 1980s. >> then he raised them. >> then he raised them. we do also have another example from the 1990s, which is president clinton, who had a balanced budget. he asked the wealthy to pay more. the rates went up to 39.6. we had eight years of very strong growth. >> including surplus. >> i'm not saying the taxes cause that but we know that having higher taxes on wealthy americans didn't lead to a recession as republicans have argued. that's what's really daunting about the whole discussion about taxes. the fact that we have no real idea what mitt romney will do on taxes as president other than if we take him at his word, it does mean that middle class americans will pay more in taxes. either he is not being honest with us or middle class americans will see a tax incre
a little more, so we could reduce the deficit and still make investments in things like education, train, science, research. and guess what? plenty of folks running for congress at the time said it would hurt the economy. that it would kill jobs. and if that argument sounds familiar, one of those candidates back then happens to be running for president right now. and it turns out, their math was just as bad back then as it is today because, by the end of bill clin totoclinton's turn am created 23 million jobs. the biggest surplus in our history. wisconsin we know the ideas that work. we also know the ideas that don't work. because in the eight years after bill clinton left office his policies were reversed. the wealthiest americans got tax cuts they didn't need, and that we couldn't afford. companies enjoyed tax breaks for shipping jobs overseas, insurance companies, oil companies, wall street given free license do what they pleased. folks, at the top got to play by a different set of rules than the rest of us. and result of this top-down economics was falling incomes, record deficits, s
contributions to both parties until congress and the white house reach a deal to bring down the nation's deficit. he says the president deserves a second time. >>> affects of superstorm sandy continue. new video from new york city this morning, shows the continuing long line of cars waiting to fuel up. gas shortages continue to be found across the east coast, 60% of gas stations in new jersey are closed because they've run out of gas. 70% of stations are closed on long island. the shortage of fuel lead to one violence incident in queens. authorities arrested a motorist yesterday after he pointed a pistol at another motorist who complained when he tried to cut in line while waiting for gas. that man is facing 15 years in prison, if convicted. >>> superstorm sandy could mean trouble for holiday shopping. retail analysts are worried department store sales could fall because people on the east coast had to spend unexpected money on supplies. macy's and bloomingdale's had to shutdown 200 stores. retail chains are expected to benefit, including home depot annual mart. >>> parent company walt disney co
the deficit, eliminate the president's health care law if he's elected president of the united states, and he's also going at what he believes to be a problem for the president in the final days of the campaign. he's been saying that the president has not been living up to his promises of bipartisanship in washington, and romney says if he's elected president, he will bring the country together. here's what he had to say. >> he said he was going to be a post partisan president. he has been most partisan in dividing and attacking. he also said he would cut the deficit in half. he doubled it. he was going to get unemployment down to 5.2% right now. we just learned on friday it's up to 7.9%. >> earlier in the day, the candidate's wife, ann romney, visited the back of the campaign plane and handed out breakfast food to the reporters covering the race for the last year and a half. asked how she's feeling about the race, she said she's been touched by the people she's run across in the final weeks of the campaign. people have come up to her and told her about their struggles in this economy right n
; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america forward. i'm barack obama and i approve this message. >>> deangelo hall should hear later on today whether he will be fined or suspended for his actions last sunday. hall was ejected last sunday for a confrontation with an official at the end of the game against the steelers. >> we'll hear more on that in morning line. >>> the recent purchase of george lucas' company by disney has star wars fans pretty happy. >> now, the star wars franchise lives on. adam housley has more. >> reporter: with tuesday's sale of lucasfilm to disney no more than $4 billion, the force is still strong for star wars fans as the jedi master himself, george lucas, announced th
that basically suggests raising taxes on the wealthy, you know, to lower the deficit and romney plan that suggests tax reform that ultimately will produce higher growth. you know, i'm not so sure that either one of those have been detailed specifically so that voters understand, but, nonetheless, that's what tuesday is all about. >> earlier this week, bill, you spoke to cnbc and you sounded a litt little, let's say, jaded about the election. let's listen to what you said and then we'll talk about it on the other side. >> we spent $5 billion on this election for what? to prove that it's a government of the superpac by the superpac for the superpac to prove that basically who wins at this point we'll be at four years in the future. but let's look to something different as opposed to this red and blue state theology that is basically the same. >> does the matter which candidates wins then or do you think we're headed for a fiscal cliff off this fiscal cliff either way? >> well, i think so. and i do think, although there are differences between romney and obama in terms of their policies
of repress on illegal guns, tax reform, job creation and deficit reduction. in fact, interestingly, he is somewhat critical of president obama on gun-control and you are very well positioned to talk about this issue, as your last book is called "glock." talk about this issue of gun control. >> well, i mean, you accurately point out the major's endorsement of president obama for re-election was a qualified endorsement. it was not an enthusiastic across the board the mayor said he was very disappointed in presidentn aa number of issues but overall, he strongly favors enough for romney. one of the issues in which he and a number of other people who are advocates of stiffer gun control are disappointed is the fact president obama, since his been in office, his release that on his hands in connection with the debate have any do the regulation of gun ownership and the marketing of guns in this country. similar, i think, to the calculation limate, is a a political calculation. the president decided not to spend political capital fighting to stiffen federal regulation of guns. you can debate w
he focused on obamacare which killed jobs. he said he was going to cut the federal deficit in half. then he doubled it. he said he was going to lower the unemployment rate, down to 5.2% right now. today we learned it actually is.9%. that is nine million jobs what short of what he promised. unemployment is higher today than when barack obama took office. think of that. unemployment is higher today than on the day barack obama took office. [booing]. he promised to propose a plan to save social security and medicare from insolvency. he didn't. rather than he raided $716 billion from medicare to pay for his vaunted obamacare. [booing] he said he would lower health insurance premiums for the average family. by $2500 a year by now. actually by now they are now 3,000 higher for an average family. and gasoline, the american family now pays $2,000 a year more for gasoline than when he was elected. of course he also said he would work across the aisle. the most important issues. listen to this. he has not met on the economy or on the budget or on jobs with either of the republican leader of
. look at iowa, 5.2%. it's essentially full employment in iowa but they are concerned about debt, deficit and the quality of jobs you are getting. let's start with the ohio jobless rates. no gop candidate won an election without winning ohio. ohio makes presidents. today, 7% is the unemployment rate, less than when the president took office. that is better than the national average. they have been adding manufacturing jobs. not as many by any stretch of the imagination that they lost. look at florida and the trend of the jobless rate in florida. it's exactly where it was when the president took office. still higher than the national average. it has been coming down. housing is still a major issue here. in virginia, 13 electoral votes, jobless rate is low now. a 5.9% in virginia. but, it's still higher than when the president took office. essentially flat in virginia. it's going to be interesting because superstorm sandy could have an effect. power outages there. we don't know what tuesday is going to look like. that was a state affected by sandy. all of those really interesting trends, di
on the impact of sandy on america's discussion about our debt and deficit. the latest hard numbers show over 8 million people are still without electricity across 18 states as we speak. many of those states densely populated in the united states. while this was a freak storm, it's demonstrated that when our outdated power grid is tested, it fails. now, of course, we cannot control such things as the weather, so let's focus on what we can control. how we can improve our infrastructure like our power grid. to me this storm and the massive power failure should be a clarion call to address our antiquated grid to better withstand such uncontrollable events and to do this, once again, it comes down to reining in the fast growing $16 trillion debt the united states is currently saddled with. that total growing by more than $1 trillion over year. that kind of burden on america, there is little wiggle room for unforeseen events such as hurricane sandy. and think about this. we managed to accumulate this debt and run an annual $1 trillion
or second concern. another quarter of the voters say that the budget deficit their top concern. those groups of voters said that they feel that governor romney is better positioned or better prepared to deal with those two issues. if that's the case, again, i ask why are the president's numbers so high? >> jon, this is the most mystifying thing to me, and quite frankly, it's one of the reasons why i sort of feel -- i have a lot of reservations about a lot of these polls. because if you were talking about any other time where you had unemployment as high as it is today, the debt as high, as huge as it is today, i would tell you that the incumbent was going to lose in a landslide. and i still think that maybe that may be possible. you know, we don't know how reliable these -- you never know how reliable the polls are until election day. but it's just absolutely mystifying to me. and either this guy has an amazing staying power that has never been seen in politics before, or, you know, come next tuesday he's going to get the doors blown off. jon: well, 32 years ago, october 27th in the national
with the debt and the deficit. i have talked to so many women who say the number one reason that they're voting for mitt romney is $16 trillion in debt. you know that i felt as if president bush and everyone has spent too much money and that the spending has to be dealt with. mitt romney has said that is a day one order for him, to work on getting that spending under control. and i think that because of that, election day you're going to see a romney win. >> marsha blackburn joining us this morning. thank you for joining us. >> good to see you. thank you. >>> coverage of election night in america we start at 6:00 pm eastern time. how about a question? not even a question. >> wow! >> wow! >> i have no power. >> i don't forgive you. ahead on "starting point" troops carrying patients down the stairs after backup power has failed at another new york city hospital. dr. sanjay gupta will join us live with that effort there. what if there was a new way to deal with money that focused less on fees and more... on what matters? maybe your bank account is taking too much time and maybe it's costing too mu
in this election. now, change is a future where we reduce our deficit in a way that's balanced and responsible. i signed $1 trillion worth of spending cuts. i intend to do more. i'll work with both parties to streamline agencies and get rid of programs that don't work, but if we're serious about the deficit, we also have to ask the wealthiest americans to go back to the tax rates they paid when bill clinton was in office. because as long as i'm president, i will never turn medicare into a voucher just to pay for another millionaire's tax cuts. i will never allow this nation to be plunged into another battle over health care reform just so insurance companies can jump back into the driver's seat. i will never allow politicians in washington to control health care choices that women should be making for themselves. so, wisconsin, we know what change is. we know what the future requires. we don't need a big government agenda or a small government agenda. we need a middle class agenda that rewards hard work and responsibility. we don't need a partisan agenda. we need a commonsense agenda that says wh
is there are people that are really hurting today in this country. and we face this deficit -- could crush the future generations. and republicans and democrats both love america but we need to have leadership -- leadership in washington that will actually bring people together and get the job done and could not care less if it's a republican or a democrat. i've done it before, i'll do it again. i'm mitt romney, and i approve this message. i'm mitt romney, we had a good group of people. good group of employees out there. this was a booming place. and mitt romney and bain capital turned it in to a junk yard. i was suddenly, 60 years old. i had no health care. mainly i was thinking about my family. how am i going to take care of my family. he promised us the same things he's promising the united states. and he'll give you the same thing he gave us. nothing. anncr: priorities usa action is responsible for the content of this advertising. hey! hey, baby. [ starts car ] were you eating smoked sausage in here? no! no. could have gotten me one. i did. try the unmistakable flavor of dunkin' donuts' smoked sa
the deficit, tapping into domestic energy resources and fixing the nation's public school system. but one thing that he has been trying to zero in on in this final stretch of the campaign, he's been going after the president's mantel, being a post-partisan president. in the words of mitt romney, the president has been what he calls the most partisan. here's what he had to say. >> yesterday, the president said something you might have heard by now that i think surprised a lot of people. he said voting is the best revenge. he told his supporters, voting for revenge. vote for revenge? let me tell you what i'd like to tell you. vote for love of country. [ cheers and applause ] it is time we lead america to a better place. >> as for the rest of this weekend, mitt romney will be heading back to what is perhaps the ultimate battleground state of ohio, where polls show the gop nominee is trailing the president by anywhere between three and six points. he is also going to be hitting the state of pennsylvania, the state that the obama campaign says is not in play, but is increasingly looking like a
was 195.5% of the overall surplus giving the united states leverage with china because china runs deficits with the rest of the world to run a surplus with us. we don't have to worry about china. dennis: i see. donald gross, the more you tell the chinese what to do, the more recalcitrant they get. >> the question with china and getting tough with china is look at the issue and the overall context of the relationship. right now, primary focuses on strengthening the fragile u.s. economic recovery, the american growth rate at 2%, the chinese growth rate at 8%, and the fact is that u.s. trade with china's highly beneficial. china's helping us to pull out of the global economic crisis. as you probably know, china's america's third largest export market. it's the largest growth market in the world for u.s. goods and services so we have to address the serious trade issues we have with china, but do it in a way that doesn't disrupt the overall highly beneficial economic relationship that we have. dennis: right. how bad a violater is china? we're mad at them for protectionist policies, but george w
and they will attack the deficits and you think you're going to get more productivity out of government. i think that will be a surprise to a lot of people. cheryl: you know, jeff, one of the things that we'll be looking at over the next few weeks is how the employment data and also economic data will be impacted by the storm. we're already seeing some companies point out one of the problems being quote, unquote, sandy. how will we really know what companies are really saying with regards to sandy? or frankly not saying? do you trust the numbers you get out of u.s. corporations? >> well the analysts i talk to are going to give companies a pass if you will because of sandy. so, i think that, that, i wouldn't pay a whole lot of attention to the numbers. until you get into the first quarter of next year. ashley: very good. jeff saut, with raymond james. jeff, thanks so much for joining you. we appreciate it. cheryl: some are getting power back actually in new york and new jersey right now commuter town hoboken, new jersey, remains largely underwater, leaving its residents stuck in their homes with
Search Results 0 to 49 of about 58 (some duplicates have been removed)